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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30229. (Read 26709945 times)

elg
full member
Activity: 151
Merit: 104
Now 500 BTC wall @821 has been attacked on BitStamp. Will see if it will be eaten or raised.

It is going to be eaten Smiley
hero member
Activity: 748
Merit: 500
Who is bored? C'mon bitcoin, do something...
Choo choo motherfucker, choo choo already!
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
I really cant buy that Huobi have such large volume, so beside the 0% fee how people do deposits and withdrawals ? I cant figure out why BTCChian went from the biggest exchange in the world to one with very low volume, because of the whole china situation Huobi became the biggest exchange, for what reason ?


any one of you here have any confirmed information about this ?
hero member
Activity: 748
Merit: 500
Who is bored? C'mon bitcoin, do something...
full member
Activity: 154
Merit: 100
Now 500 BTC wall @821 has been attacked on BitStamp. Will see if it will be eaten or raised.
full member
Activity: 280
Merit: 100
http://m.us.wsj.com/articles/BL-DGB-32150

All bullshit. No good news is good news. No reflection in price, cashing out, thx bye.
hero member
Activity: 966
Merit: 500
📱 CARTESI 📱 INFRASTRUCTURE FOR SCA
So is that bot on mtgox going to buy us all the way up to $10,000, 20btc at a time?

It should take about 10 days  Grin  Cheesy
hero member
Activity: 728
Merit: 500
So is that bot on mtgox going to buy us all the way up to $10,000, 20btc at a time?
legendary
Activity: 1470
Merit: 1007
What? I can't understand what your'e doing overlaying stamp on gox and then using gox's line to stay that the wedge on stamp isn't broken, but here is stamp...



removed my previous graph already, didn't notice tradingview kept the gox scale after adding bitstamp data.



So, yes, I agree, the trend broke on bitstamp as well. the overall picture is however still substantially less convincing on stamp. if we get near 850 again I consider a longer lasting reversal a possibility, but until then, I only see a *break* in a very clear downtrend since Jan 5, not a *reversal*.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 728
Merit: 500
What? I can't understand what your'e doing overlaying stamp on gox and then using gox's line to stay that the wedge on stamp isn't broken, but here is stamp...

full member
Activity: 173
Merit: 100
1. Nobody takes this thread seriously
2. Does complaining about "dog manure" and "rotten dog money" make for higher quality posts, or just more noise?

This thread should be renamed "Bitcointalk Troll House - also sometimes Wall Observing".

I wonder how many older potential investors get scared away by our troll generation.

I'm a regular reader since about June last year and it's an acquired skill to mentally filter through the last few pages each day.
I immediately filter out the charts edited in paint, memes, trains, bottoms (brief pause tho), nested replies from yesterday's drivel, new drivel.

What remains is the odd gem of insightful advice which is generally worth effort.
(not much effort, maybe a minute per page)

In reply to point 1 though.... this is an internet forum and nothing should be taken seriously.
As I stated above the circus does have it's uses though Smiley
hero member
Activity: 728
Merit: 500
[...]

I think we agree then =) but you may have missed a bit of the conversation in various oter posts.

Good point.

One thing though: people really need to start paying less attention to mtgox. Definitely not looking at it in isolation. It'll cost you money if you (not "you" personally, I mean) still think mtgox is the market leader in any meaningful sense.
Well it's the same wedge break on all exchanges but gox's order book looks the most lopsided and ready to explode. Bitstamp's order book looks more balanced, and btce+huobi don't publish their whole order book.
hero member
Activity: 672
Merit: 500

The same thing can be said for [sensored]Dogecoins[/sensored]. I am pretty sure the rate of adoption for doge coins is comparable to bitcoins right now.


Now that i call delusion.

Completely delusional.
legendary
Activity: 1470
Merit: 1007
[...]

I think we agree then =) but you may have missed a bit of the conversation in various oter posts.

Good point.

One thing though: people really need to start paying less attention to mtgox. Definitely not looking at it in isolation. It'll cost you money if you (not "you" personally, I mean) still think mtgox is the market leader in any meaningful sense.
legendary
Activity: 924
Merit: 1001

I don't see a downtrend either, but neither do I see (or anyone who isn't delusional) an uptrend. Consolidation, with an unclear destination. That was my point though: I don't see a problem with betting on the market moving sideways to downwards. I *do* see a problem with risk management when shorting this market for any amount of time longer than a few hours to a day during a clear major corrective move.
I wouldn't call the bulls delusional per se, it's just the gox chart looks deceptively moonish. I think many of the bulls are thinking something like this:


[/quote]

guilty as charged. I think at the very lest its a good reason not to go short.
hero member
Activity: 728
Merit: 500
you silly boy. not only do you gamble your money, now you gamble your ego.

read his previous post at me.....then u may understand where I am coming from...

....and thing is, when I pit my ego against the ego of 'The Bitcoin Nutter', sometimes I get slapped down.....but most of the time, I don't. Most of the time, I am right and they are wrong.

The Bitcoin nutter is a simple creature and not hard to outwit.

really matt we are trying to help, you are not in the right mind frame for a trader. I sense you have a lot at stake if this doesn't go your way.
margin calls pay my bills.



Not sure what this is about... that he's leveraging? Or that he thinks the we're in an overall downtrend? Because pointing out about the former that it is quite risky for a volatile beast like Bitcoin makes sense to me, but I see nothing wrong with the latter statement.

there is no limit to how much you can lose when you are shorting the market, and just ask matt when he plans to get out if the market goes up.
I dont see a down trend, I see a large correction come and gone. the downtrend was over when price broke $1000 last time, and $1000 is in reach regardless of trend.

I don't see a downtrend either, but neither do I see (or anyone who isn't delusional) an uptrend. Consolidation, with an unclear destination. That was my point though: I don't see a problem with betting on the market moving sideways to downwards. I *do* see a problem with risk management when shorting this market for any amount of time longer than a few hours to a day during a clear major corrective move.
I wouldn't call the bulls delusional per se, it's just the gox chart looks deceptively moonish. I think many of the bulls are thinking something like this:

legendary
Activity: 924
Merit: 1001
you silly boy. not only do you gamble your money, now you gamble your ego.

read his previous post at me.....then u may understand where I am coming from...

....and thing is, when I pit my ego against the ego of 'The Bitcoin Nutter', sometimes I get slapped down.....but most of the time, I don't. Most of the time, I am right and they are wrong.

The Bitcoin nutter is a simple creature and not hard to outwit.

really matt we are trying to help, you are not in the right mind frame for a trader. I sense you have a lot at stake if this doesn't go your way.
margin calls pay my bills.



Not sure what this is about... that he's leveraging? Or that he thinks the we're in an overall downtrend? Because pointing out about the former that it is quite risky for a volatile beast like Bitcoin makes sense to me, but I see nothing wrong with the latter statement.

there is no limit to how much you can lose when you are shorting the market, and just ask matt when he plans to get out if the market goes up.
I dont see a down trend, I see a large correction come and gone. the downtrend was over when price broke $1000 last time, and $1000 is in reach regardless of trend.

I don't see a downtrend either, but neither do I see (or anyone who isn't delusional) an uptrend. Consolidation, with an unclear destination. That was my point though: I don't see a problem with betting on the market moving sideways to downwards. I *do* see a problem with risk management when shorting this market for any amount of time longer than a few hours to a day during a clear major corrective move.

I think we agree then =) but you may have missed a bit of the conversation in various oter posts.
legendary
Activity: 1470
Merit: 1007
you silly boy. not only do you gamble your money, now you gamble your ego.

read his previous post at me.....then u may understand where I am coming from...

....and thing is, when I pit my ego against the ego of 'The Bitcoin Nutter', sometimes I get slapped down.....but most of the time, I don't. Most of the time, I am right and they are wrong.

The Bitcoin nutter is a simple creature and not hard to outwit.

really matt we are trying to help, you are not in the right mind frame for a trader. I sense you have a lot at stake if this doesn't go your way.
margin calls pay my bills.



Not sure what this is about... that he's leveraging? Or that he thinks the we're in an overall downtrend? Because pointing out about the former that it is quite risky for a volatile beast like Bitcoin makes sense to me, but I see nothing wrong with the latter statement.

there is no limit to how much you can lose when you are shorting the market, and just ask matt when he plans to get out if the market goes up.
I dont see a down trend, I see a large correction come and gone. the downtrend was over when price broke $1000 last time, and $1000 is in reach regardless of trend.

I don't see a downtrend either, but neither do I see (or anyone who isn't delusional) an uptrend. Consolidation, with an unclear destination. That was my point though: I don't see a problem with betting on the market moving sideways to downwards. I *do* see a problem with risk management when shorting this market for any amount of time longer than a few hours to a day during a clear major corrective move.
legendary
Activity: 924
Merit: 1001
you silly boy. not only do you gamble your money, now you gamble your ego.

read his previous post at me.....then u may understand where I am coming from...

....and thing is, when I pit my ego against the ego of 'The Bitcoin Nutter', sometimes I get slapped down.....but most of the time, I don't. Most of the time, I am right and they are wrong.

The Bitcoin nutter is a simple creature and not hard to outwit.

really matt we are trying to help, you are not in the right mind frame for a trader. I sense you have a lot at stake if this doesn't go your way.
margin calls pay my bills.



Not sure what this is about... that he's leveraging? Or that he thinks the we're in an overall downtrend? Because pointing out about the former that it is quite risky for a volatile beast like Bitcoin makes sense to me, but I see nothing wrong with the latter statement.

there is no limit to how much you can lose when you are shorting the market, and just ask matt when he plans to get out if the market goes up.
I dont see a down trend, I see a large correction come and gone. the downtrend was over when price broke $1000 last time, and $1000 is in reach regardless of trend.
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